**PLEASE NOTE THIS IS A PRESENTED MARKET REPORT**

Thomson Reuters Journalist Maryam Behmard says European stocks have recently been lifted by expectations that the ECB's QE programme will help the region's economic recovery.

SHOWS: LONDON, ENGLAND, UK (JANUARY 30, 2015) (REUTERS - ACCESS ALL)

1. THOMSON REUTERS, JOURNALIST, MARYAM BEHMARD, SAYING:

European stocks dipped on Friday, with Italian banks some of the worst losers....

Banca Monte dei Paschi is one that's considering to raise the size of its capital hike to around 3.5 billion euros.

The FTSEurofirst 300 index of top European shares was down 0.2 percent but was up 7.4 percent since the start of January - on track to post its best monthly performance in three years.

European stocks have recently been lifted by expectations that the ECB's QE programme will help the region's economic recovery, but a weaker euro and lower oil prices are also reviving corporate profits.

Morgan Stanley strategists upgraded their forecast for European earnings for the first time in three years, seeing an improvement in the region's economic momentum this year.

Around Europe, Britain's FTSE 100 index down 0.4 percent, Germany's DAX index was flat, and France's CAC 40 was down 0.2 percent.

Greek shares outperformed, recouping some of the losses suffered earlier in the week.

The Athens Stock Exchange FTSE Banks Index was up 6.1 percent, with Bank of Piraeus up 8.8 percent and Alpha Bank up 8 percent.

The broader Athens ATG benchmark equity index was up 0.7 percent, rising for a second consecutive day, but was still down 12.2 percent on the week.

That's your Europe market wrap.